3 ms·
The article says the picture was taken minutes after telling the team they'd been acquired. I don't think I'm seeing fake smiles, so I'd assume that the invest
by smoyer 12y ago
The article says the picture was taken minutes after telling the team they'd been acquired. I don't think I'm seeing fake smiles, so I'd assume that the investors and the employees are happy with the deal.
They're only 20 months old so I'll make a couple of guesses before someone answers with fact:
a) For a year and a half, most employees would be perfectly happy with a cash-out worth (at the instant) tens of thousands of dollars.
b) Those same employees would be happier if they view the deal as potentially expanding the value of their previous work.
c) Those same employees would be even happier if they were running out of cash and facing a shutdown versus a buyout.
d) Sometimes a marriage creates something stronger than either of the partners ... without the back-story this one is a stretch.
- sbisker 12y agoFrom the techcrunch article: 'the company has set aside $2.7 million of equity retention grants to Perfect Audience employees who stay on.' Given how few people are in the photo, there's probably reason for that to make them smile as well.
- smoyer 12y agoYeah ... after I posted I did a bit of mental math and decided those "tens of thousands" could push "hundreds of thousands". Not a bad outcome!